CORESTATE: With "Residential Germany Fund II" yet another residential property fund for institutional investors fully invested

• Nine properties in attractive German cities
• Particularly climate-friendly realization based on CORESTATE's comprehensive ESG standards
• Total investment of over EUR 320 million, EUR 200 million in subscribed equity
• Exclusive product access for a large German utility

Frankfurt, March 30, 2020. CORESTATE Capital Holding S.A. (CORESTATE), a leading European real estate investment manager, has yet another fully invested residential property fund, the open-ended Special-AIF CORESTATE Residential Germany Fund II (CRG II). The institutional fund comprises nine new construction projects in metropolitan regions and prospering cities throughout Germany. The majority of the portfolio is characterized by particularly climate-friendly construction in accordance with the KfW55 standard. The total investment volume is over EUR 320 million. The sole investor with equity of EUR 200 million is a large German utility company.

Lars Schnidrig, CEO of CORESTATE Capital Group: "We offer institutional customers unique access to secure and profitable investment properties and, with our product offering in the asset class German Residential, we are consistently following the increasing demand for high-quality urban living space in Germany. At the same time, we take their growing ESG requirements for investments into account. Our clients benefit from highly attractive returns of around 4 percent."

The properties are located in Hamburg, Kassel, Dresden and Kiel, among other cities. The most recent purchase is a residential complex in the Trier district of Weismark-Feyen with 94 units plus underground parking, which will be completed at the beginning of 2023. The total investment volume is approximately EUR 32.3 million. The rentable area is approx. 7,300 m².

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About CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and coinvestor with more than EUR 28 billion in assets under management. As a fully integrated real estate platform, CORESTATE offers its clients combined expertise in the areas of investment and fund management as well as real estate management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 42 offices, e.g. in Frankfurt, London, Paris, Madrid, Zurich and Amsterdam. The company employs around 800 people and is listed in the Prime Standard (SDAX) of the Frankfurt Stock Exchange. Further information may be found at .

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